Du dimanche au jeudi (8:45 - 15:30)
Du jeudi au dimanche (8:45 - 15:30)
Banque de Développement LocalBanque de Développement LocalBanque de Développement Local
Islamic Finance
Banque de Développement LocalBanque de Développement LocalBanque de Développement Local
Contact

BDL Meets with Investors from the Mostaganem Region

  • 15 janvier 2025
BDL Meets with Investors from the Mostaganem Region BDL Meets with Investors from the Mostaganem Region The tour to present the initiative of opening the bank’s capital and listing its shares on the Algiers Stock Exchange continues. This time, BDL engaged with local economic stakeholders in the Mostaganem region. Organized under the supervision of General Director Mr. Youcef LALMAS, and led by a delegation from the bank, this event gathered the Wali of Mostaganem, local authority representatives, and a large number of investors and economic operators from the region. This exchange provided an opportunity to: Strengthen collaboration between BDL and local economic players. Present the promising opportunities offered by the capital opening. Share the strategic perspectives of this innovative step. BDL reaffirms its commitment to supporting economic development and building a prosperous and ambitious future with its partners. Article précédent
Read More

BDL Meets with Investors from the Oran Region

  • 15 janvier 2025
BDL Meets with Investors from the Oran Region BDL Meets with Investors from the Oran Region BDL has taken a significant step in its journey by organizing a strategic meeting in Oran, as part of its capital opening process and the sale of its shares on the Algiers Stock Exchange. This event brought together the BDL team with investors and economic operators from the region, in partnership with local and regional economic stakeholders. Key points discussed during this meeting: A detailed report on the bank’s financial health. The objectives and key aspects related to the capital opening. Future opportunities available to interested investors. This initiative reflects BDL’s commitment to strengthening its ties with local economic players and creating new investment opportunities to contribute to the country’s economic development. Article précédentArticle suivant
Read More

Opening of a Branch in Hammam Bouhadjar

  • 14 janvier 2025
  Opening of a Branch in Hammam Bouhadjar </h2 > The BDL Continues Its Expansion with the Opening of a New Branch in Hammam Bouhadjar It is with great pleasure that BDL inaugurated, on January 14, 2025, a new branch located at 12, Maâta Mohamed Street, Hammam Bouhadjar, in the Aïn Témouchent province. This opening marks another milestone in our strategy to enhance proximity and strengthen our national network, which now includes 170 branches across the country. True to our mission, BDL is committed to remaining a key player in supporting economic initiatives and providing innovative and accessible solutions for everyone. We are proud to continue building, with you, a future defined by growth, ambition, and sustainable development. Article précédent
Read More

A Landmark Press Conference for the Opening of Our Capital

  • 8 janvier 2025
  BDL Welcomes ENSI Students for an Immersion in Banking Information Systems </h2 > Algerian Television Coverage of the Bond Issuance Selection Session for Maghreb Leasing Algeria The BDL, in its capacity as a stock market intermediary, successfully supported Maghreb Leasing Algeria (MLA) in its bond issuance. The selection session was held on December 1, 2024, in the presence of representatives from COSOB, Algérie Clearing, and institutional investors. The bond issuance was a resounding success, with a total subscription of 2 billion dinars. This positive outcome confirms the attractiveness of the Algerian bond market for institutional investors. This operation marks a new milestone in the development of capital markets in Algeria and highlights BDL’s active role in financing the economy. Article précédent
Read More

Launch of Share Sales

  • 6 janvier 2025
Launch of Share Sales by the Local Development Bank (BDL) to Algerian Citizens through a Public Call for Savings The Local Development Bank (BDL) has announced the launch of its share sales to Algerian citizens through a public call for savings, marking a significant milestone in its strategy for modernization and support for economic growth. This initiative has been approved following the issuance of visa No. 2024/06 by the Commission for the Organization and Oversight of Stock Market Operations (COSOB) on December 31, 2024. As part of this initiative, the bank plans to increase its share capital by issuing 44,200,000 shares, equivalent to 30% of its capital. This move aims to provide effective support to the national economy by encouraging investment, promoting innovation, and creating opportunities for entrepreneurs, investors, and individuals who wish to participate in the institution’s growth. The share price has been set at 1,400 DA. The subscription period is scheduled from January 20, 2025, to February 20, 2025. Interested citizens can subscribe through BDL branches or financial intermediaries, including seven institutions: Popular Credit of Algeria (CPA), National Savings and Foresight Fund Bank (CNEP) Bank, External Bank of Algeria (BEA), Bank of Agriculture and Rural Development (BADR), National Bank of Algeria (BNA), Société Générale Algeria, Tell Markets, or online via the bank’s website: www.bdl.dz. Through this public call for savings, BDL reaffirms its commitment to an open and transparent financial structure, confident that this initiative is crucial for supporting sustainable growth and strengthening its role in the development of the Algerian economy.
Read More

The Bond Issuance by MLA

  • 1 décembre 2024
  BDL Welcomes ENSI Students for an Immersion in Banking Information Systems </h2 > Algerian Television Coverage of the Bond Issuance Selection Session for Maghreb Leasing Algeria The BDL, in its capacity as a stock market intermediary, successfully supported Maghreb Leasing Algeria (MLA) in its bond issuance. The selection session was held on December 1, 2024, in the presence of representatives from COSOB, Algérie Clearing, and institutional investors. The bond issuance was a resounding success, with a total subscription of 2 billion dinars. This positive outcome confirms the attractiveness of the Algerian bond market for institutional investors. This operation marks a new milestone in the development of capital markets in Algeria and highlights BDL’s active role in financing the economy. Article précédent
Read More

Travel insurance

  • 19 mai 2024
The “Travel Insurance” product of Banque de Développement Local  (BDL) has been a great success among Algerian travelers since its launch in partnership with the insurance and provident society Amana Assurance, and marketed during the year 2023 through 164 branches distributed throughout its commercial network. Banque de Développement Local has recorded around 9,500 insurance contracts during this period, and expects this number to increase in the coming months with the approach of summer vacations, synonymous with travel abroad. The “Travel Insurance” product offers subscribers 24/7 support and assistance in case of accident or illness during their stays abroad. It covers in particular medical transportation, hospitalization coverage, medical expenses, repatriation of the insured in case of death and payment of compensation to their beneficiaries, as well as insurance for early return of the beneficiary and loss of luggage. Travel insurance is an excellent option for travelers looking for comprehensive protection at affordable prices, thanks to the average contract value estimated at 2,146.30 Algerian dinars. Banque de Développement Local has become a reliable partner for the travels of Algerian travelers around the world and is committed to satisfying them through this service that covers all their risks at reasonable prices and adapted to all budgets.
Read More

Opening of a new agency in Dar El Beida

  • 6 mai 2024
Banque de Développement Local (BDL) continues its network expansion with the opening of a new agency in the wilaya of Algiers on Monday, May 6, 2024. The “Dar El Beida 124” commercial agency, located in cité ABDOUNI Boualam ilot n°24, Dar El Beida Algiers, offers customers personalized service and a comprehensive range of banking products and services. In line with this strategy, it is worth noting that over the past three years, BDL has opened 16 new agencies in different regions of the country, including two digital spaces, to reach a total of 175 commercial agencies, including pawn shops. This network expansion is part of the bank’s strategy to get closer to its customers and meet their growing needs for banking services while offering a personalized, fluid omnichannel experience adapted to today’s lifestyles. By strengthening its network of commercial agencies, BDL reaffirms its unwavering support for investors and development projects. This strategic territorial deployment is an essential pillar of the bank’s contribution to Algeria’s economic growth.
Read More

BDL-MasterCard partnership

  • 13 décembre 2023
We are thrilled to announce the signing of a strategic partnership agreement between the Société d’Automisation des Transactions Interbancaires et de Monétique (SATIM) and the Banque de Développement Local (BDL). This collaboration aims to support the SATIM project, which seeks to process international bank transactions via Mastercard cards nationwide, utilizing SATIM’s processing center. Recognizing the project’s significance for the Algerian economy, BDL, as a principal member of the Mastercard international network and project sponsor, has leveraged the latest and most reliable technologies to develop optimal payment solutions. This approach ensures transaction efficiency and speed while maintaining the highest security standards. With this innovative system and Mastercard network membership, the processing of international bank transactions will now be localized in Algeria. This major initiative will reduce international transfer costs, accelerate processing times, and provide a seamless and secure user experience.
Read More

Opening of the Sidi Aissa branch

  • 17 mai 2023
The Local Development Bank-BDL is pleased to announce the opening, on Sunday February 26, 2023, of its new commercial agency in Sidi Aissa, located Cité 05 Juillet 1962, commune of Sidi Aissa, Wilaya de M’sila. This new agency will market all BDL products and services, particularly those relating to Islamic finance and digital banking products. This opening is also part of the implementation of the strategy of opening local commercial agencies and developing the commercial network of the BDL. On the sidelines of this operation, a delegation composed of BDL executives and chaired by the Director General of the BDL, Mr. Youcef LALMAS, will pay a working visit to the companies and projects financed by the BDL in the wilayas of Bouira and M’sila, as well as all the BDL agencies located in these Wilayas. BDL, Together for Excellence…
Read More